Adda247.com: Current Affairs 2020

Life Insurance Corporation of India (LIC) and Union Bank of India, after its amalgamation with Corporation Bank and Andhra Bank, have announced a corporate agency agreement to distribute LIC policies.

Microfinance Institutions Network (MFIN) has appointed Alok Misra as its new Chief Executive Officer & Director. The appointment will be effective from 1st August 2020. Dr Misra takes over from the present CEO, Harsh Shrivastava, who has put down his papers after spending over 2 years at MFIN.

India’s third-largest public sector bank, Bank of Baroda (BoB) has launched ‘Insta Click Savings Account’, a 100 percent paperless digital self-assisted online savings account.

India-based mobility platform, Ola is rolling out its enterprise mobility solution ‘Ola Corporate’ across global markets. It will be rolling out the enterprise offering to customers across Australia, New Zealand, and the United Kingdom.

SpaceX has successfully launched South Korea’s first military satellite “ANASIS-II”. The satellite was deployed into a geostationary transfer orbit (GTO) by a Falcon 9 rocket. It was launched from the Cape Canaveral Air Force Station in the US of Florida.

Defence Research and Development Organisation (DRDO) has provided drones named ‘Bharat’ to the Indian Army. The indigenously developed drones are sent in order to provide accurate surveillance along the Line of Actual Control in high altitude and mountainous terrains of Eastern Ladakh.

Raksha Mantri Rajnath Singh has inaugurated the Air Force Commanders’ Conference (AFCC) at Air Headquarters (Vayu Bhawan) New Delhi. The conference will be held with the theme “IAF in the Next Decade”.

The creator of the brown bear mascot “Misha” for the 1980 Moscow Summer Olympics, Viktor Chizhikov passed away. The artist’s drawings were used in popular magazines, including “Young Naturalist”, “Twinkle”, “Funny Pictures” and “Murzilka”.

The human trial of COVID-19 vaccine candidate developed by the University of Oxford and backed by AstraZeneca Plc has shown a positive result. The researchers found their experimental COVID-19 vaccine produced a dual immune response in people aged 18 to 55. Oxford’s vaccine is designed to reduce disease and transmission. Director at the Jenner Institute of Oxford University, Dr Adrian Hill, explains the mechanism of this vaccine “this vaccine triggers both arms of the immune system”.

In Odisha’s Balasore district, a farmer Basudev Mahapatra has spotted a turtle which is yellow in colour and according to the experts, it is the product of albinism. The turtle is known as the “Indian flap shell turtle”. The turtle is commonly found in Pakistan, Sri Lanka, India, Nepal, Bangladesh and Myanmar. It is omnivorous and its diet consists of frogs, snails and even some aquatic vegetation.